Business

India Cuts Repo Rate by 25 Bps to 5.25%: How It Compares Globally. India’s central bank has eased monetary policy to support economic growth and facilitate lending, announcing a 25-basis-point cut in the latest Monetary Policy Committee…
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IndiGo CEO Pieter Elbers issued a public apology on Friday evening after the airline cancelled more than a thousand flights — its worst single day of disruption. Elbers said the carrier was forced to cancel “more than half” of its daily…
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Indian equity markets moved higher on Friday, December 5, after the Reserve Bank of India’s Monetary Policy Committee (MPC), chaired by Governor Sanjay Malhotra, delivered a 25-basis-point rate cut, reducing the repo rate to 5.25%. By 1…
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PM Modi, Putin to Hold 23rd India-Russia Summit Today; Defence, Trade, Energy on Agenda. On Day 2 of Russian President Vladimir Putin’s state visit, Prime Minister Narendra Modi and the Russian leader will hold the 23rd India–Russia summit…
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IndiGo की 550 उड़ानें रद्द, एयरलाइन ने यात्रियों से मांगी माफी और सेवाएं जल्द सामान्य करने का वादा देश की सबसे बड़ी एयरलाइन IndiGo ने गुरुवार को दो दिन से जारी उड़ान बाधाओं के लिए यात्रियों और उद्योग से जुड़े लोगों से माफी मांगी। एयरलाइन…
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IndiGo Shares Fall 2% as Flight Disruptions Leave Passengers Stranded. Shares of InterGlobe Aviation, IndiGo’s parent company, slipped 2% intraday to a low of ₹5,405 on Thursday, following widespread flight delays and cancellations across…
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Sensex, Nifty Open Lower on Rupee Weakness and FII Selling. Indian benchmark indices opened in the red on Thursday, weighed down by a sharp fall in the rupee and continued foreign institutional investor (FII) outflows. The S&P BSE…
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IndiGo is facing major disruptions across its network, with technology glitches, airport congestion and operational challenges causing widespread delays and cancellations. Thousands of passengers were left stranded on Wednesday as over 100…
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Nomura Bullish on Indian Markets, Sees Nifty at 29,300 in 2026. Nomura has set a 2026 target for the Nifty at 29,300, implying nearly a 13% upside from Tuesday’s close of 26,032.20, when the index fell 144 points, or 0.6%. The brokerage…
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The Indian rupee fell to a record low on Wednesday, breaching 90 per US dollar in early trade. The slide, building over recent weeks, reflects strong dollar momentum and foreign investors pulling money out of Indian markets. By 10 am, the…
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